Tencent acquires Xiaomi-sponsored Black Shark for $ 470 million Report

Tencent acquires Xiaomi-sponsored Black Shark for $ 470 million Report

Tencent Games, the world’s biggest gaming company with hits like PUBG: Mobile and Arena of Valor, is apparently intending to procure Xiaomi’s BlackShark Gaming division in a deal worth approximately more than $470 million. As indicated by GSMArena, details encompassing the obtaining are scant and an official proclamation on the matter is as yet absent. Post procurement, the gaming smartphone making organization will likewise go through a business transformation after the acquisition process is complete.

Earlier smartphone makers like ASUS partnered with Tencent Games to bring their ROG Phone II and also the Tencent customized Elite version in China.

The new deal with Black Shark will focus on cooperation in the field of gaming phones with the end goal of giving users an improved mobile gaming experience.

Xiaomi-backed Black Shark earlier launched two new gaming smartphones Black Shark 4 and Black Shark 4 PRO.

The chipset of the standard model is paired with up to 12GB of LPDDR5 RAM and up to 256GB of UFS 3.1 storage. In contrast, the Pro model is clubbed with up to 16GB of LPDDR5 RAM and up to 512GB of UFS 3.1 storage.

Under the hood, the Black Shark 4 is powered by the Qualcomm Snapdragon 870 SoC, while the Pro model gets the Snapdragon 888 chipset.

The Black Shark 4 Pro has a 64MP main camera while the Black Shark 4 has a 48MP main camera. On the front, both these smartphones get a 20MP shooter for selfies.

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